Committee for a Responsible Federal Budget

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Congress Should Spend Responsibly and Invest Wisely

Between the American Jobs Plan and the American Families Plan , President Biden has proposed roughly $4.45 trillion of new spending and tax breaks...

COVID Relief Lifted Personal Income to Record Levels

Of the $5.9 trillion ($5.2 trillion net) of enacted COVID relief, we estimate $3.6 trillion was committed or disbursed over the one-year period...

What's in President Biden's American Families Plan?

This evening, President Joe Biden will unveil the third part of his ambitious “Build Back Better” agenda, the American Families Plan . According to...

Biden Tax Gap Proposal Deserves Bipartisan Consideration

For Immediate Release The Biden administration will soon introduce a proposal to reduce the tax gap, the difference between taxes paid and taxes owed...

COVID Bills Had $650 Billion in Extraneous Policies

Congress has authorized around $6 trillion of fiscal support in response to the COVID pandemic, with a projected net cost of well over $5 trillion ...

Bipartisan TRUST Act Would Jumpstart Discussions on Protecting Trust Fund Programs

For Immediate Release Today a bipartisan group of lawmakers – led by Sens. Mitt Romney (R-Utah), Joe Manchin (D-WV), and Angus King (I-ME), and Reps...

What Would the American Jobs Plan Mean for the Debt?

Recently, President Joe Biden unveiled his American Jobs Plan focused on upgrading and repairing America’s physical infrastructure, investing in...

Watch: Committee Policy Analyst Alexander Holt Testifies on Student Debt's Burden on Borrowers and the Economy

On April 13, Committee for a Responsible Federal Budget policy analyst Alexander Holt testified before the Senate Committee on Banking, Housing, and...

Options to Pay For the American Jobs Plan

President Biden's American Jobs Plan would cost about $2.65 trillion over the next decade. By our estimates – and before considering pay-fors – this...